Show TA fail 311NINCI HTntn Thollaaw Is I Intraprete1 ly is looter I Inter 1 IAl lltnotollteir The placing < of Po many different con attractions upon the revenue law I per alnlnjr to mining fork tramtartloni mi caused to be Imitnl lay Internal Revenue Collector Ilawbert of Denver Ih following letter or instruction JOV Calling nil uh ttolnllon Ina Zvfi as clocal itrokerm into began at sea u lii the proper Interpretation of the Ills Ihe letter was handed In by a broker this morning and rd lieforu the mean Ito of tile stock exchange Mays Mr llowbert To Mining and Oilier Block tlrnkeni In future with reference to the war retrnue In on the purchane anti mlei of mining stocks ou will I be guided by the following I I contriirtkm of the ActOn Act-On all ailM 1 of Pharos or certificates of lock In any corporation except original Issue on earh JIM face vali 11 II or fraction thereof two rents I KVIDHSCi I OK THANHIlJIt rlI Win re evldinie of transfer Ili I nhow only by the book vf the company the I I Stamp lioiill 1m ihce1 1 upon II ctulk of the nock two as for Instance where II Ii I an original lime When change of ownership ti I by tranfir of the certificate not 1IInftl I I In blink lamp ihould lie I placed UK > II Ihe cerlincale I Anl in mm of an agreement to poll or where the certificate Ili I anelgneil In I blank there lull lie made and delivered I I I I by tile miter to the buyer a memoran oIuttI of male In which the ump etiall I lie I ainiil Till memorandum nhould low HM lUte thereof name of aeller mail buyr amount of Sale 1 face value If nlixk and the matter or thing to I which n refer For lllulrullon Pup Imic I that A an a broker Pol11 to III II III another broker I 000 hare of lirt I lend > stock at Mesa liar V Alai assail In blank luiih hmkua acting either for I I themselves nf for customers A Should I 1 false H the memorandum of the nile In i uluiinnllilly Ihe following forms July i 14311 I Ir A lo It I 000 Shares of Portland par value II W I I lr iharellftm I face Value I i to I co to co I To which huM be altlicd ilnmpn to liar I value of 10 centa Whorn Ill for hln iuitomer hm the certificate of static lraiufrril on the books of the Port I land Mining company there will be i < o further stamps neceeiary on able wi la Ihe Intent I of the law I actinic that but one Payment of lamp hall IM made Upon each Mle The memorandum nf aalexhout 1 In nil i called lie I allaihed to anti I accompiny I the lock certificate when preenl l to file eerrlnry I of the oiimnny for transfer trans-fer Into the name c4ornicany I him I ini I lomer Thi w III be I I rlma facie I ei tencc I In the necretary thai Ihe tax hn bem l paid on also its III and tI warrant m foiling n new certified In the n meal < f me-al or film customer without further lamping ANOTIICII KVAMILli HUPPOM In a wle A lisp a certlfl UI of 1000 Photos of Portland ita N Inlt In Ills nm anti Mil earals to eIte hllng In lid name In the blank on aald rerllllcate thi lamp In this edge ihould IN amxed lo the certinrate Hielf nd not la any bill or inrmnrandum of male iikA A Ion having A certificate fur 1 MO I iharen and aelllnit 1M shares thereof ran hate the Mme heueil In liar rhaier and n new certificate for M4 shared lMiie1 to hlmMlf unit on till iraniacllon would only pay 2 cent or only 1 upon ion ham actually I eold One 1 hiving 1 a numWr of certificate i iggregntlng low share and washing I o mnMldate them Into one certificate an d no without the payment nf any lax If there Stoical be no actual ale On each orktinil Issue nf certificate nf Hock by an company nr corpora linn there Mill te itamiw1 on the lull In lock book on each HOT face value 1 or fraction thenof the mum nf t rents dneumentary tamp fly orlclnal Issue Ii I meant an Issue where the lock ban not heretofore been I limed nr fran > ferrnt by certificate In any ininncr i For Illuitrntlon n rotnruiny la I capl 1 tallied rr on million Pharos anti II eased In n any Person M person n car llfleate for the total 0IIII14l1l1n In 1 ment for property this Issue would l I iibject J In the in nt H cents nn each iM J 11 1M race vnlue unit > ined prior In I July 1 litll As 1111A would clearly bean be-an original Issue l MUM tall portion dnnale back In the treaiurr of Ihe rornpany my TJXIWO Pharos aid shires I > n donated would not Ive I considered orlirlnil Ifutis l when PAM and liuM again In I Mll company and would only be I required lo inn al Hi rate of rents for each 1100 face value Merenr finalists Inrrmlnr 1 rigurea on the output of the district so r the Menur Mercur ihnw a Marked Increase of the amount of ore being I treated the amount of dIMdenli pnld I nnl ni a matter of course In the amount added In the nation Supply of roM During the Past mix 1 nionthi the maned I or Mercur havo paid 1 Mvidflools Isirstrejult I list UUooo Th rll IAid during ill hirroopiand Ills 9forloill 0 last fir amounted to 1 III U Motor fit jig I months the luost phipI iOf or an 1 as have aariarehattod III all GUoOOO ast ialsolON rr Ilse as ame wrlod uf lat year The tonnalat ± T11 I 11 AbOUt l A houiuind I I tiin Jun tt7U I twice 1ooIn idn aa much as an being Ireited U > Mr Ittri11411IrtaiN till It lie I reasonably rrIAln eye Ih Tintia Minor that Iha near thirty At > will wltn M the erection of n mill at Ill 9fnttllB KlrekH mine for then toIIIn 01 the Immn bodle of low lira u It hot bay Vision lIhln i unoov rel Ih 1001 as rw years Th had twit matter t1wrourallydissrums1 nl vat Iou arnseett42 or I IlrfvtOItto far mor versa tolonthe h1 a hel1 In alY3n until Ills h1 Anil ellanpost IiI Dula 10 detpinafnett Wo Oft reliably Informed taint the now Pliant wilt Ise 13jnt1ftrjnnQdInAft ar tbi mornlilliont I earn In lit or Its I Williblair down the hlllI though not IIC 10I1f nil the tt4o llliI The rMIXT in In I v ry Retail eassilltinn atelier a fl ly julvion i hn hollln About noonlft 10101 Inn a I or hl1I grad fors for Banjo time post that hits paid a hamliomS J V margin operating rxpfniea The force At nvo III i I Ii men in Inal wall ri c sally Increased by forly |